Stocks making the biggest moves after hours: Salesforce, Ulta Beauty, HP and more
Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Salesforce — Salesforce shares jumped 5% in...
Fed’s Kaplan cites real estate excesses as one reason to start tapering purchases
Dallas Federal Reserve President Robert Kaplan cited potential excesses in the housing market and other inflation signs as an indication that the central bank should start slowly pulling back on its asset purchase program. With the Fed still buying at...
Jobs picture shows more improvement as unemployment claims slide
The U.S. jobs market edged closer to its pre-pandemic self last week as initial jobless claims totaled just 406,000 for the week ended May 22, the Labor Department reported Thursday. While that level is still well above the pre-Covid norm,...
Stock futures are slightly lower in overnight trading ahead of jobs data
Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE Stock futures were slightly lower in overnight trading on Wednesday as investors await new labor-market data to gauge the pace of the economic recovery. Futures on...
Meme stocks GameStop, AMC are popping again as speculative trading ramps back up
Rafael Henrique | LightRocket | Getty Images Just when you think the GameStop mania is a tale from the past, meme stocks came back from the dead with a double-digit rally this week as enthusiastic investors piled back into speculative...
Weekly mortgage demand falls as interest rates move higher
A slight increase in mortgage interest rates was enough to tank refinances and bring down overall demand. Total mortgage application volume fell 4.2% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average...
Stock futures rise marginally after Wall Street posts slight decline
The New York Stock Exchange welcomes Lightning eMotors (NYSE: ZEV), on May 24, 2021, in celebration of its transition to a public company. NYSE Stock futures ticked marginally higher in overnight trading after the market rally stalled Tuesday, with major...
Home prices in March saw highest growth in over 15 years, S&P Case-Shiller says
A real estate broker, right, gives a tour for potential home buyers during an open house in Manhattan Beach, California. Patrick T. Fallon | Bloomberg | Getty Images Home prices in March were 13.2% higher in March, compared with March...
Markets are so fixated on inflation they might miss the next big blowup, says BlackRock
Chinese and U.S. flags outside the building of an American company in Beijing, China January 21, 2021. Tingshu Wang | Reuterss While investors have been preoccupied with rising prices, a flare-up in U.S.-China tensions could catch investors by surprise, BlackRock...
Fed’s Lael Brainard pushes digital dollar as central bank currency race heats up
US Federal Reserve Governor Lael Brainard attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019. Eric Baradat | AFP | Getty Images Federal Reserve Governor Lael Brainard pressed the case for a...
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